Asking Price: $95,000 Gross Revenue: $424,735Cash Flow: $73,900 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $20,000 included in asking priceFF&E: $50,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
Is your dream to have your own gift shop in a busy high-end plaza with constant traffic flow. Cater to the locals and tourists in the this fancy but not stuffy fun Gift shop. Fully staffed along with excellent reviews, excellent books and first class build-out. Perfect first time business owner as seller is eager to train. Will qualify for E2 Visa for foreign investor.
Important: All buyers must complete the signed Non Disclosure prior to any information being released including location. Seller requires proof of funds prior to releasing any financials. NDA can be sent electronically for your convenience.
About the Business
Number of Employees:
Building Sq. Ft.:
Busy retail location with lots of residential and commercial customers. All custom displays, dressing room every attention to detail and quality. This is a high end boutique/gift shop. Located near country clubs, large estates and upscale buyers.
This is indeed a unique shop for the area and has build key vendor relationships to best support the customer base interests.
Growth & Expansion:
Plenty of opportunity to add new lines of products as seen fit. Being active in the community with the Chamber and local sponsorship's would also add to the exposure.
E2 Visa Gift Shop High Volume Upscale Profitable Location!
The information on this listing has been provided by either
the seller or a business broker representing the seller. BizQuest has no interest
or stake in the sale of this business and has not verified any of the information
and assumes no responsibility for its accuracy, veracity, or completeness. See our
full Terms & Conditions.